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Halifax: House prices drop by 0.8% in April

Halifax: House prices drop by 0.8% in April

House prices in the three months to April rose by 9.2% on an annual basis - below March's 10.1% and the smallest annual increase since November 2015 (9.0%), according to the latest Halifax house price index.

09 May 2016

Nationwide increases upper age limit to 85

Nationwide increases upper age limit to 85

Nationwide has announced that it will increase its maximum age of mortgage maturity from 75 to 85 to meet "growing demand".

09 May 2016

In the Spotlight with Peter Gee, Niu Solutions

In the Spotlight with Peter Gee, Niu Solutions

We spoke to Peter Gee, Managing Director of Niu Solutions, about challenger banks' innovative use of technology and how these solutions will continue to change the financial services industry.

06 May 2016

Conveyancing Association launches cyberfraud protocol

Conveyancing Association launches cyberfraud protocol

The Conveyancing Association has launched new protocol which seeks to provide CA member firms with information on how criminals operate and the measures that can be taken to avoid being victims of fraud and cyber-crime.

06 May 2016

Mortgages for Business revamps BTL rate finder

Mortgages for Business revamps BTL rate finder

Mortgages for Business has updated its online Buy to Let Calculator and Rate Finder to allow users to search specifically for buy to let mortgages for limited companies.

06 May 2016

Not enough hours in the day

Not enough hours in the day

Whether we like it or not, the British tend to have a reputation for moaning. There's a reason why the Aussies call us 'Whinging Poms' after all; although some might suggest that our Antipodean cousins could give us a run for our money. That said, I'm often staggered at some people's ability to whinge about every single situation, regardless of whether it's good or bad.

06 May 2016

Aldermore launches limited edition 3.93% BTL

Aldermore launches limited edition 3.93% BTL

Aldermore has launched a new limited edition rate on its standard and specialised buy-to-let product range.

06 May 2016

Remortgage surge relieves traditional April slowdown

Remortgage surge relieves traditional April slowdown

A surging remortgaging sector has mitigated the 'historic steadying' that occurs in the month of April, according to Connells Survey & Valuation.

06 May 2016

Halifax raises upper age limit to 80

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Halifax raises upper age limit to 80

Halifax is raising upper age limits from 75 to 80 on all mortgages, new applications, further advances and product transfers.

06 May 2016

Accord cuts residential fixed rates

Accord cuts residential fixed rates

Accord Mortgages has cut 65% LTV fixed rates by up to 0.12%.

06 May 2016

 

A mix of optimism and pragmatism : Barclays quarterly review

A mix of optimism and pragmatism : Barclays quarterly review

The first week of the first quarter of any new year is habitually shrouded in a mix of optimism and pragmatism. By its close there is often a more realistic sense of what the rest of the year may hold. Seasonal lulls and trends are factored into many different business sectors but these were not truly reflected across many areas of mortgage market in early 2016 and especially not within the remortgage sector.

06 May 2016

NatWest & RBS to scrap Ex Pat mortgages

NatWest & RBS to scrap Ex Pat mortgages

From Thursday 19 May, NatWest and RBS will no longer offer mortgages to Ex Pats, including applications from existing Ex Pat customers wanting to request additional borrowing or a facility increase.

05 May 2016

Halifax slashes Help to Buy ISA rate to 2.5%

Halifax slashes Help to Buy ISA rate to 2.5%

Halifax has cut the rate it pays on its Help to Buy ISA from 4% to just 2.5%.

05 May 2016

£13bn sale of Northern Rock mortgages completes

£13bn sale of Northern Rock mortgages completes

The record-breaking £13 billion sale of former Northern Rock mortgages has completed today as the government received the final £520 million from Cerberus.

05 May 2016

Keeping up with Joneses: technology for technology's sake?

Keeping up with Joneses: technology for technology's sake?

I read a recent news article aimed at mortgage brokers recently which essentially said 'Adapt or die' when it comes to their use of technology. The argument ran that with a variety of lenders, broker competitors, etc. coming to market with new technology designed to ease the mortgage process, existing advisers would have to run fast just to keep up, otherwise they could find themselves out of business.

05 May 2016

Right Mortgage and Protection adds Marsden to panel

Right Mortgage and Protection adds Marsden to panel

Right Mortgage and Protection Network has added Marsden Building Society to its lender panel.

05 May 2016

Kent Reliance launches products for LLP clients

Kent Reliance launches products for LLP clients

Kent Reliance will now lend to clients who are looking to borrow through a Limited Liability Partnership.

05 May 2016

Ipswich BS expands distribution with SimplyBiz

Ipswich BS expands distribution with SimplyBiz

Ipswich Building Society is widening access to its product range to all SimplyBiz Mortgage members.

05 May 2016

Dragonfly expands BDM team

Dragonfly expands BDM team

Short- and medium-term lender Dragonfly Property Finance, part of the Octopus group, has hired Chris Holden and Lauren Gill as External BDMs.

05 May 2016

Pay rate BTL mortgages - the next affordability bubble?

Pay rate BTL mortgages - the next affordability bubble?

Are BTL lenders that continue to offer pay rate products on fixed or lifetime trackers potentially creating the next affordability bubble?

05 May 2016

Equity Release Council appoints new experts to board

Equity Release Council appoints new experts to board

The Equity Release Council has appointed five new senior industry experts to its main board of directors, following a vote by members announced at its latest Annual General Meeting.

05 May 2016

New laws give more power to BoE policy committees

New laws give more power to BoE policy committees

Parliament has passed the Bank of England and Financial Services Act 2016, which will see the Monetary Policy Committee's monthly meetings cut from 12 to 8 a year, and place the Bank's three major policy committees on the same statutory footing.

05 May 2016

Belmont Green expands intermediary support team

Belmont Green expands intermediary support team

Leeds Building Society's Head of Intermediary Distribution, Louisa Sedgwick, is joining the senior management team at challenger mortgage lender Belmont Green as Director of Sales - Mortgages.

04 May 2016

Precise parent company cancels sale plans

Precise parent company cancels sale plans

Charter Court Financial Services, the parent company of Exact and Precise Mortgages, has cancelled sale plans after bids failed to reach the £400m asking price.

04 May 2016

Bank of Ireland revamps intermediary range

Bank of Ireland revamps intermediary range

Bank of Ireland for Intermediaries is has made improvements to its current product range.

04 May 2016

Standard Life grows platform with AXA Elevate deal

Standard Life grows platform with AXA Elevate deal

Standard Life has acquired AXA Portfolio Services Limited (trading as Elevate), adding over 160,000 customers and assets under administration of £9.8bn to its business.

04 May 2016

MCI expands panel with National Counties

MCI expands panel with National Counties

National Counties Building Society has become the latest lender to join MCI Mortgage Club's growing panel.

04 May 2016

KPMG: Challengers surge ahead, but obstacles remain

KPMG: Challengers surge ahead, but obstacles remain

Challenger banks are once again outperforming the 'Big Five' on growth, cost-to-income and return on equity, according to KPMG's Challenger Banking Annual Results.

04 May 2016

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